September 2025 – Page 3 – Al Khaber for Accounting And Auditing Services

Egypt targets 7.7% AI contribution to GDP by 2030: Communications Minister

September 17, 2025

Amr Talaat, Egypt’s Minister of Communications and Information Technology, revealed ambitious plans to boost Artificial Intelligence’s (AI) share of the nation’s GDP to 7.7% by 2030. The announcement was made during the annual celebration of the Egyptian Information Telecommunications, Electronics & Software Alliance (EITESAL). Talaat highlighted that Egypt’s National AI…

Emirates NBD Egypt, Talaat Mostafa Group launch co-branded Mastercard credit cards

September 17, 2025

Emirates NBD Egypt has partnered with Talaat Mostafa Group (TMG) to launch a new range of co-branded Mastercard credit cards, designed to serve the financial needs of residents within TMG’s integrated urban communities and beyond. The collaboration combines Mastercard’s secure digital payment technologies with Emirates NBD Egypt’s banking expertise to…

Central Bank of Egypt governor stresses need for boosting domestic production to curb inflation

September 17, 2025

The Governor of the Central Bank of Egypt (CBE), Hassan Abdalla, is participating on Wednesday in the 49th Annual Meeting of the Council of Arab Central Banks and Monetary Authorities’ Governors, hosted by Tunisia. The event is attended by governors of Arab central banks and representatives from regional and international…

El Gouna Film Festival’s 8th edition to coincide with UN’s 80th anniversary

September 17, 2025

The eighth edition of the El Gouna Film Festival (GFF) will coincide with the 80th anniversary of the United Nations, highlighting development issues through a partnership with the U.N. in Egypt, organisers announced at a press conference on Wednesday. Speaking at the event, Egypt’s Minister of Planning, Economic Development and…

Egypt eyes steel output boost, investment incentives to cut imports

September 17, 2025

Egypt sees steel as a strategic industry vital to economic growth, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel al-Wazir said on Tuesday, September 16, 2025, as the government works to expand production and reduce market gaps. Speaking at the 30th meeting of the ministerial group…

Egypt’s SCZONE showcases investment opportunities to US ambassador, companies

September 16, 2025

The head of the Suez Canal Economic Zone (SCZONE) has met with the US ambassador to Cairo and a delegation from major American companies to showcase investment opportunities, particularly in port development, logistics, new energy, and infrastructure. Walid Gamal El-Din, chairperson of the SCZONE General Authority, met on Wednesday with…

MSMEDA plans to establish permanent African markets for Egyptian SMEs: Rahmy

September 16, 2025

Bassel Rahmy, CEO of the Micro, Small, and Medium Enterprise Development Agency (MSMEDA), announced that the agency is working on a strategic plan to establish permanent African markets for products made by Egyptian micro, small, and medium enterprises (MSMEs). The initiative aims to expand trade ties across the continent while…

Finance Ministry presents three new investor facilitation packages to PM to boost investment climate

September 16, 2025

Minister of Finance Ahmed Kouchouk announced the submission of three new investor facilitation packages to Prime Minister Mostafa Madbouly, as part of ongoing efforts to stimulate private investment and enhance the business environment in Egypt. Speaking at the 3rd edition of The Investor conference, Kouchouk affirmed that the Ministry’s approach…

Egypt’s construction sector drives FDI growth with $35.8bn from Ras El Hekma deal: GAFI

September 16, 2025

Egypt’s construction and real estate sector has emerged as the top recipient of foreign direct investment (FDI), attracting $35.8bn in FY 2023/2024—primarily fueled by the landmark Ras El Hekma deal—according to Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI). Speaking at the 3rd edition of…

Egypt, Bahrain explore deeper cooperation on water resource management

September 16, 2025

Egypt’s Minister of Water Resources and Irrigation, Hani Sweilem, met on Tuesday with Bahrain’s Minister of Works, Ibrahim Al-Hawaj, to discuss strengthening bilateral cooperation in water resources management, according to a statement from the ministry. During the meeting, Minister Sweilem reaffirmed Egypt’s commitment to sharing its expertise and successful experiences…

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Month: September 2025